Saudi Arabia (TASI)
- Still range-bound with slight upside bias
- Supported by oil and fiscal strength
➡️ Consolidation remains the dominant trend
Japan
- Nikkei 225 near highs
- Yen weakness continues to support exporters
⚠️ Increasing policy sensitivity as USD/JPY approaches 160
China / Hong Kong
- Shanghai Composite stabilizing
- Hang Seng Index rebounding slightly
➡️ Recovery remains tactical, not structural